2023 UGX to SRD Historical Review

YEARLY HIGH

0.0107 SRD

YEARLY LOW

0.0085 SRD

YEARLY AVERAGE

0.0098 SRD

2023 UGX to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UGX to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 0.0107. Conversely, the yearly low was recorded on January 5, dropping to 0.0085.

This high-to-low spread represents a total annual volatility of 0.0022 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0086 to the December average rate of 0.0099, the exchange rate registered a net change of 14.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0107 was up 22.91% compared to the 2022 peak of 0.0087, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 UGX based on timing:

Yearly Peak High 53 SRD

2022 Average 33 SRD

Yearly Trough Low 42 SRD

Transaction Impact: A difference of 11.10 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0106

0.0084

JanuMarcMayJulySeptNove

UGX to SRD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0095, compared to 0.0102 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0095

H2 Avg (Jul–Dec) 0.0102

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0007 SRD (High: 0.0107 / Low: 0.0100). On the other end, October was the most stable month, with a tight range of 0.0002 SRD (High: 0.0103 / Low: 0.0101).

July Spread (Volatile) ±0.0007

October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0002 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0104) against the same month in 2022 (average: 0.0064), the exchange rate shifted by +0.0040 (+63.23%).

2023 Avg (August) 0.0104

2022 Avg (August) 0.0064

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0088	0.0085	0.0086
February	0.0091	0.0087	0.0089
March	0.0096	0.0090	0.0093
April	0.0100	0.0095	0.0098
May	0.0102	0.0099	0.0100
June	0.0104	0.0099	0.0102
July	0.0107	0.0100	0.0104
August	0.0107	0.0102	0.0104
September	0.0104	0.0101	0.0102
October	0.0103	0.0101	0.0102
November	0.0102	0.0099	0.0101
December	0.0100	0.0097	0.0099